tv [untitled] April 24, 2012 10:30pm-11:00pm PDT
it is my distinct pleasure to welcome such an amazing panel as well as the mayor of our fine city. this is the innovation mayor, mayor ed lee. [applause] >> thank you. can everyone here me? welcome to spur. i enjoy being here because every time i come here, some part of my brain wakes up that has not been woken up before. i am here to welcome you. earlier, i had a wonderful opportunity to exchange with our panel members about what they are doing and how they're doing it. . i think these panel members are here as part of their own entrepreneurial spirit. they own companies but love the city. they know the spirit of the city is one of innovation, that invites peoples and views, and smashes them -- meshes them
together to see if we can make an even better san francisco. we have two other supervisors who may be coming later. we're all part of the initial group of policymakers at city hall who want to hear news views and ideas on the new collaborative economy. we're interested in it because it has aspects that have piqued our interest, about hoour environment, how to improve life for more people, how to make an expensive city more affordable to more people, how to utilize the strengths of the city as a great tourist city. how we can get more folks to come and experience the wonders of the city.
maybe they will make their stake here. these panel members have decided to make their stake here. they risked reputation, may be small amounts of money. if they had a lot of money, they may not have had to start this. they have also done it for the right reasons. they want to experience the city in a different way, but one that is in the tradition of san francisco and is reflective of mine, welcoming more people to share in the economy. hopefully the right reasons will create more jobs and get more entrepreneurs involved. i have often said this can be the city for the 100%. everybody can have a chance to fulfill their dreams and make sure they can have a stable income for themselves and their families. i think we are on the verge of discussing things that would invite other members of our city
family, department heads, those who work in planning or land use, to be involved in an ongoing discussion that would potentially invite and open up our economy and modernize it even further. a year ago, david chiu and i did not know what the outcome might be, but we were afraid a company called twitter might leave our city and that thousands of jobs will leave this behind. we took a risk and suggested we might be able to revamp our tax code for the benefit of job creation. little did we know a year later, that invitation has caused over 125 companies to locate in our city, creating thousands of more jobs, creating an environment that will be welcoming of the new economy, technology, and innovation to reinforce what we
have been saying. we are the innovation capital of the world. with your help and involvement. we would like to have the rest of the city picked up and be part of it as well. we think we can have that conversation. we will need your help. we will need you to represent the new industry. these companies are here to keep the dialogue and collaboration at a high-level going with us. it is the ongoing dialogue like the one we are reading about a new tax structure for the city that does not punish the inventiveness we want to have. i would like to open with that introduction, welcome all of you here. i think he will see and hear an exciting introduction of these new companies. they're going to raise questions we do not have the answers to yet, but i do believe we have
the spirit in this city to welcome solutions with your involvement. we will have the ability to do this on line as well is in these forums. i will be part of the ongoing discussion. i want to see all of you interact with the city and make sure it is reflective of what you believe the city can be. one that our policy makers and american in dade in which you on thank you for being here at spur. [applause] >> thank you. i think we will also year from supervisors got -- supervisor scott wiener. >> this turnout's shows how significant this is to the future of the city. we were with a smaller group
earlier. i will stress that san francisco is a city with a dichotomy going on. in many ways, we are a cutting edge city in terms of technology, food, transportation, there are all sorts of things where we are ahead of the curve. we attract a lot of people like you who are forward-thinking and want to do things in a different and more innovative way. we're also a really old school city. the change is challenging. david and i talk about this a lot. we're trying to do things differently. we get a lot of reflexive push back, whether you are talking about cars sharing on streets, or changing zoning to create new housing to make the city more affordable and inclusive. you have those kinds of
difficult conversations. so much of this is about educating the city as a whole from all generations and perspectives. our housing policies and transportation systems are not always sustainable. if we want to remain a cutting edge and diversity that draws all sorts of people here, we're going to have to change. we're going to have to consider new ways of doing things the year or two ago we may not have been comfortable thinking about. there is a big education process that has to occur. i know we will work together to make sure that happens. i know we can move in the right direction. i look forward to that work. thank you. [applause] >> rounding out the to affect the -- trifecta is our own board
of supervisors president, david chiu. >> if you are like me, you did not come here to hear from elected officials. i look forward to hearing from the innovators. i wanted to join my colleagues in assuring all of you that we are looking forward to working with you to figure out how we create san francisco as the capital of innovation and the new economy. before i joined the board of supervisors, i started a web 1.0 company. what makes our city special is that everyone of you have ideas that will change our city and change the world. our mayor is responsible for managing the 50 plus executive- branch departments that will be interfacing with many of the policy areas you impact.
scott and i and our colleagues are in charge of legislating and adapting to new technologies you have that are changing the way we all live. one thing we like to say at city hall is that as goes san francisco, often times so goes the rest of the country. as goes the rest of the country, so goes the world. i believe we're starting something special today that will do that for the entire planet. thank you for being here. i am looking forward to working with you. [applause] >> welcome. my name is ontario smith. i volunteer is a member of the board of directors. i would like to welcome you for the dialogue on the shared economy. spur is a non-profit
organization. we support good planning and government research and advocacy. we put ideas and action together to make a better city and region. please raise your hands if you are a member. one hand, actually. they keep your support. it means a lot to us. if you did not raise your hand -- thank you for your support. it means a lot to us. if you did not raise your hand, i encourage you to become a member. members receive our publication and get into all the events free or with the members' discount. tonight will be recorded for distribution on the website. this will include the audience question and answers section. i would like to invite you to two upcoming events this week. tomorrow at 12:30, the history of proposition 13. on thursday it 12:30, the city budget and regional calendar. now to our panelists and moderator. the first panelist is just gonna scorpio -- jessica scorpio of
get around. it creates a marketplace for peer to peer car sharing. she completed the inaugural graduate studies at a new school that focuses on inspiring leaders to understand and fulfill [unintelligible] to adjust humanities' grand challenges. next is molly turner. joe could not make it. she is the director of public policy. next is leah of taskrabbit.com
in market place where you could outsource small jobs and tasks. it is a pioneering service network, a concept she conceived and has evangelized. service networking describes the productive power of a web based social network community. since its founding in 2008, she has grown to more than 40 employees and has expanded to boston, chicago, los angeles, new york city, portland, san francisco, and seattle, with several more markets to come. under her leadership, it was named one of the next big things in tech by the wall street journal, the start up to watch by ink magazine. please welcome leah. jamie wong is the co-founder and ceo of viable.com. her vision of a more open world
and exchanges through travel is the driving force. her commitment to bringing travel experiences to the world by making it easier to find, create, and book provides a platform for the community. she is a dynamic creative and leader with a passion for bringing ideas to market the change the way people live. finally, jay. in his girl as the chief innovation officer, he is working with the tech community and public to bring the government into the digital age. a partnership announced in 2012 will open the doors of government to our tech community to drive new solutions and businesses. if you have ideas for innovating services for government, please send him a tweet.
finally, our moderator. he is the co-founder and publisher of an online magazine. i will let him begin the program. >> what a turnout. this is amazing. thank you, spur. i want to make a quick announcement. a wise person told me that if you want people to come to your revolution, through the best party. i am headed over to thursday -- thirsty bear after we experience the hospitality of spur.
drinks are on me. [applause] yeah! i want to echo the comments of david chiu. i think this is a big moment. i want to celebrate. mayor lee's working group can make a great city even greater. other cities are watching san francisco. what we do here will influence them, and that could change the world. there are a lot of questions, too. the sharing economy waits to be shaped by policy. it is in its adolescence. this is a transformative moment. it is waiting to be shaped by policy, but for whose benefit? we believe it should be shaped for the benefit of as many
people as possible, and especially for those who need it the most. . we also need new regulations, not simply application of the old. otherwise, the sharing economy will fail to meet its promises. 30 of things that are the biggest threats to our society. i will open a panel -- there are two things i think are the biggest threats to our society. i will give you a high level brief of the sharing economy. there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise
your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to follow. that is our perspective about what is at stake on a planet of finite resources with a growing population and growing per capita consumption. it should be obvious that we should be talking about sharing. this is a gigantic hole in our public dialogue. this panel and the working group and hopefully the book can fix that.
see how this works. we face disaster unless we simultaneously reduce resource consumption and raise two million people out of poverty. this is the challenge we have in the 21st century. the growth the economy we are moving out of hopefully cannot do that. it is what got us into the jam we are in now. you are probably very familiar with the whitney we hear all the time. we're using 40% more resources annually than the earth can replenish. we're draining our natural capital. there has been 15 years of sustainable development with development of new green technologies. in 2011, we have the largest out
of carbon ever. inequality has reached epic proportions around the world. in the united states, the richest 1% owned 38% of all wealth. the bottom 90% hold 73% of all debt. we are wiping out the planet and the public is left holding the bag. we definitely need something completely different. putting the moral outrage aside for a second, this situation also puts cities at great risk. we've only gotten a taste of the destruction that -- disruption as possible with the numerous revolutions that broke out. the crisis will land hardest in cities.
i see city's borrowing language from complexity theory, i see the boys and a critical state. it is a new situation. 50% of global population is urban, young, and connected by mobile phones. the young are the hardest hit here. in spain, the unemployment rate for young adults is around 50%. in the united states, college graduates are leaving school with an average of $24,000 in student loan debt into labor market for their age group that has not been as bad as it is today since the depression or the 1940's. the smallest thing can trigger a crisis now. it is a powder keg. on the other hand, along with this crisis is a powerful new set of tools that have arrived
so breakthrough is also possible. we have a decision to make. let me talk about the sharing economy and how it plays into this. we define it broadly. we see it as a shift from a top- down factory model of society to a pear to peer network model of society. large corporations further consolidate wealth and power in the old system. the emerging sharing economy is democratizing wealth and decision making in new networking modes of production, consumption, and governance. the sharing economy is driven by economic, environmental, and social crisis, also new technologies come a new culture of sharing, and a new
generation, the first one raised on the net where schering is part of their value system -- where sharing is part of their value system. there is car sharing, open source software. co-working and the collaborative consumption companies with us today. many of the legacy institutions have lost their capacity to serve in some cases. or they have lost their credibility. all of these types of innovations, these share rubble innovations -- shareable innovations are on the rise. they are not centrally- controlled, one-size-fits-all solutions. instead, the increase access to
resources locally and globally through market driven and volunteer-based platforms that unleashed the creativity of citizens to create an exchange value directly with each other. it is very adaptable to local conditions. with this economic shift, there is also a cultural shift. we are rediscovering that the good life is about the basic things like health and family, community, purposeful work, friendship, spiritual expression. we are discovering access better supports the pursuit of happiness than ownership. let me talk about -- let me give you a couple of examples and the potential impact to give a feel of how this could be a fix. cars sharing is a really good
thing to look at. it is the archetype of the sharing economy. it has been around for a while. the research has come out recently. a uc-berkeley study showed once shared car replaces nine to 13 owned cars. 50% of households who joine, joined to get access to a car that did not have access to the car. the total household the account in the sample size was about 6000. it dropped by 50%. another study found members drove 47% less. if san francisco was able to reduce car ownership in the city by 15,000 units, it would keep an estimated $127 million in the local economy annually.
only 20% of the money people pay towards their cars -- it is the second highest household expense. it is over $8,000 for the average car owner. only 20% stays in the local economy. i did a calculation. if san francisco reduced car ownership by 50% to 200,000, we would keep an estimated $2.5 billion in the local economy annually and reduce carbon emissions by 1 million carbon metric tons. in this room, we have get around and relay rides. we could have the most powerful economic development program
right here. what if the entire economy of san francisco was built around access like car sharing? that is what is happening. that is what these entrepreneurs are doing. the sharing economy is not just about new ways to consume. it is also about new ways to produce. it can be a platform for micro- entrepreneurship, creating jobs locally and organically, new technology, shared access models, and online marketplaces have dramatically lower the barriers to resources needed to create products, offer services, and want companies -- launched companies. tools the only large companies could afford are now accessible to the masses. the san francisco tech shop is one example. for a small monthly fee, you get access to construction, $1
million in machine tools, and access to contract manufacturing to bring prototypes to market. also consider the case of member-owned and controlled cooperatives. there are many in the bay area. the u.n. has declared 2012 the international year of the cooperative because of their proven ability to give every day people control over their economic destiny. we have a vibrant co-op seen -- scene in the bay area. san francisco can do more to support them through the cooperative model. the main reason we're here today is because this new economic mode calls for new policies. i encourage you to check out policies for a shareable city to see the implications policy was
for this new economy coming in with different services. some things we covered our house parking and zoning regulations do not really account for car sharing and parking sharing. hotel regulations are outmoded for new businesses. food and restaurant regulation does not fully accommodate the amazing food sharing in san francisco. we believe it would be a mistake to hastily applied 20th- century relations to new 21st century -- to the new 21st century economy. as the mayor said, new research and dialogue are needed. that is why the sharing economy working group and the panel today make so much sense. i want to add one more thing
before we go to the panel discussion. these facts may be intellectually stimulating or inspiring, but they do not really speak honestly to my heart. this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition --